CER 0.00% 32.0¢ centro retail group

camdenbob, what was that all about?, page-28

  1. 3,760 Posts.
    Tomski,

    You will find that their consensus is probably that there is still plenty of time, which if you are a trader, is quite true. If you are a trader you will simply look at the number of trading days until say 19th of June and probably sit on the sidelines and wait for a down day which there will certainly be a few.

    Also worth a comment on this 55 cent business. Even with say a 1.4 cent dividend CER will simply not go to 55 cents. 14-20 cents would be the money IF there is a dividend (here's hoping). And until such a time as a dividend is announce it will trade on or around 10% of NTA like every other "distressed" REIT.

    PS: None of this price or trading behaviour bothers me.

    PPS: Not trying to speak on Buffett or Selmax behalf but this has been posted on in the past.

    PPPS: Tomski that was a serious question by the way about the chart. I am curious.

 
watchlist Created with Sketch. Add CER (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.